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20130206
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part of the economy is showing strong growth and that's the stock market. the dow continued its january rise with a gain of 72 points today and it is now very close to hitting 14,000, the nasdaq dropped a fraction. patti lee live in san francisco where she learned what's driving the markets and why the bay area is looking better. >> reporter: it's starting to feel like bold times. just take a look at this ticker when was the last time it could make you smile. but with investors on the sideline and the dow down the bears are on the run for now. in san francisco, spending is making a come back. >> i do see a lot more people shopping. i see a lot more people traveling. the airport is pretty full. traffic is back on the freeways. >> reporter: dollars are also flooding the stock market. the dow is closing in on 14,000. a level it hasn't seen since 2007. and just last week the s & p hit a five year high. economists say the forces behind the run include growth in china. stability in europe and the postponement of physical cliff talks in the u.s. a ro bust housing market doesn't hurt either. >>
celebrating and having a good time. but it sustains the local economy and keeps everybody out there working. >> reporter: there's still tickets for tonight's pep rally it's $12 a person and it's just getting started. live in san francisco, amber lee, ktvu channel 2 news. >>> pretty much seems like just about everyone in the bay area has 49er fever. even the restaurant chain panda express. more than 70 locations will get free orange chicken for anyone that walks in with their 49er gear. >>> a suicide bomber attacked the u.s. embassy in turkey. he died. the bomber is a known militant. state department officials say the embassy is heavily protected but is also due for an upgrade. >>> in mexico city the death toll from yesterday's explosion at the pemex headquarters rose to 23 today. rescuers are still looking for more possible victims. the head of pemex says it appears it was an accident although the cause has not been determined. and a spokesperson said most of the damage was too administrative offices. >> back here in the u.s., john kerry was officially sworn in today as secretary of state.
year. that is an increase of 17%. investigators say the economy is at least partly to blame. we took these pictures in pleasanton. it was one of the city east hardest hit. thefts there are up 23%. >>> new information on the deadly explosion of mexico's main oil company. dozens of ambulances rushed to the offices of pemex. just within the past hour, authorities said the death toll has increased to 25 with more than 100 others injured. another 30 people with apparently trapped in the debris. the explosion happened in the basement of a parking garage one official with an ambulance company said the blast was caused by a gas leak. pemex is a state owned company with more than $100 billion in annual sales. >>> now to our super bowl coverage, much of the 49er organization spent today apologizing for those home phobic remarks made by a defensive back. mark ibanez is live and tell us the remarks may have become a major distraction for the team, mark -- >> reporter: no question about it. i just landed here a couple of hours ago, you kind of hit the ground running ready to have fun and games co
Search Results 0 to 2 of about 3